In 2018, President Trump signed an Executive Order establishing the White House Opportunity and Revitalization Council.

The Council is chaired by the Secretary of Housing and Urban Development, Ben Carson, and is comprised of 16 Federal agencies.

The Council is engaging all levels of government to identify best practices and assist leaders, investors, and entrepreneurs in utilizing the Opportunity Zone incentive to revitalize low-income communities.

The Council is improving revitalization efforts by streamlining, coordinating, and targeting existing Federal programs to economically distressed areas, including Opportunity Zones.

Lack of coordination and targeting has led to cumbersome applications, program waste, and ineffective benefits.

The Council will consider legislative proposals and undertake regulatory reform to remove barriers to revitalization efforts.

The Council will present the President with a number of reports identifying and recommending ways to encourage investment in economically distressed communities.